Discover the top 10 side hustles that turned heads this year! From the booming vending business to niche strategies in concrete services, opportunities abound. Learn how to maximize your earnings with data annotation and remote tasking. Explore profitable avenues like billboard advertising and photo organizing. Gain insights on effective YouTube strategies to boost visibility and compelling location-targeted ad strategies. Plus, dive into the world of remote cleaning businesses for a hassle-free gig!
Jackie Mitchell's success in earning over $10,000 in 100 days demonstrates the viability of diverse online side hustles like paid surveys and focus groups.
The website rental model provides passive income opportunities by creating niche sites that can be rented to service providers for substantial monthly income.
Billboard advertising combines real estate and media sales, allowing entrepreneurs to earn significant income by strategically acquiring and renting out advertising space.
Deep dives
Jackie's $100 Per Day Challenge
Jackie Mitchell's side hustle challenge highlights the potential for earning extra income through accessible means. She successfully generated over $10,000 in just 100 days by engaging in various activities, including paid surveys, mobile game testing, and participation in focus groups. Among her recommendations, Prolific stands out as a lucrative survey platform, offering around $7 per 10-minute survey. This side hustle strategy not only showcases the feasibility of earning money online but also emphasizes the diversity of opportunities available, encouraging individuals to find what aligns with their interests.
Website Rentals: A Unique Side Hustle
The website rental model introduces an innovative approach to generating passive income by creating niche-specific websites. By targeting local services, such as concrete driveway repair, individuals can rank their sites in Google and rent them out to service providers seeking additional leads. Monthly rental income can range from $500 to $1,500 or more, depending on the traffic and the value of the leads. This business model allows for relatively hands-off management once the website and seller relationships are established, making it an attractive option for aspiring entrepreneurs.
Vending Machine Businesses: Passive Income Potential
Starting a vending machine business can provide an appealing avenue for passive income through strategic product placement. Key to success is identifying prime locations with high foot traffic, such as senior centers or apartment complexes, where business owners can negotiate placement agreements. Profits can accumulate quickly, with one location yielding around $500 per month, and managing multiple machines could lead to $5,000 in monthly income. This option allows for scalability, with opportunities to automate operations and delegate stocking responsibilities for increased profitability.
Billboard Advertising as a Business Model
Billboard advertising offers an intriguing blend of real estate investment and media sales, enabling entrepreneurs to generate income through strategic placements. The value of a billboard largely depends on its location and the amount of traffic it receives. By acquiring underperforming billboards or negotiating for prime spots, individuals can resell advertising space to local companies, often generating substantial monthly income. With proper management, this venture can yield long-term returns and strengthen community advertising efforts.
Launching a Photo Organizing Business
The photo organizing business taps into a growing need for individuals to manage and declutter their digital and physical photo collections. Service providers can charge around $100 per hour, with projects often lasting 20 hours or more, leading to lucrative earnings. Effective marketing techniques, such as word-of-mouth recommendations and community engagement through local listservs, can help build a loyal client base. As digital photography continues to dominate, this side hustle offers a unique service to clients overwhelmed by their collections.
The end of the year is upon us, which means it's time to reflect back on the side hustles that stood out — the ones that got people talking and that I was most excited to share.
"Best" is always subjective. But what marks a good episode is when I hang up the call, thinking, "I need to drop what I'm doing and go do something else. I should totally do that."
And I try and exercise some level of discipline and restraint because the shiny object syndrome is real.
But when the shiny object shines for me, I know it's going to be a hit episode.